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Science Group Executes Modest Share Buyback, Updates Share Capital

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Science Group Executes Modest Share Buyback, Updates Share Capital

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Science ( (GB:SAG) ) has issued an announcement.

Science Group plc has executed a small share buyback, repurchasing 17,500 ordinary shares at an average price of 545 pence per share through Panmure Liberum, with all acquired shares to be held in treasury. The transaction represents 0.04% of pre-buyback voting rights and leaves 42,891,312 ordinary shares in issue excluding treasury holdings, a figure shareholders will use to assess whether they must notify changes in their ownership under UK disclosure regulations.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £621.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on GB:SAG Stock

According to Spark, TipRanks’ AI Analyst, GB:SAG is a Outperform.

Science Group’s strong financial performance and strategic corporate actions, such as share buybacks, are the most significant factors contributing to its score. The stock’s undervaluation and solid dividend yield further enhance its attractiveness. However, technical indicators suggest caution in the short term.

To see Spark’s full report on GB:SAG stock, click here.

More about Science

Science Group plc is a UK-based company listed on AIM under the ticker SAG. It operates in the science and technology sector, providing consultancy, advisory and related services, and has an established shareholder base subject to FCA disclosure and transparency rules.

Average Trading Volume: 60,751

Technical Sentiment Signal: Buy

Current Market Cap: £232.8M

Find detailed analytics on SAG stock on TipRanks’ Stock Analysis page.

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